February 14, 2024 / 01:39 PM IST
Stock Market LIVE Updates | Adani Green Energy puts 551-MW solar capacity in Gujarat on stream
Adani Green Energy Limited (AGEL) has put on stream 551 MW solar capacity in Khavda, Gujarat, to feed the national grid.
“Within just 12 months of initiating work on the Khavda RE park, AGEL has successfully integrated this capacity into the national grid,” said a statement to the exchanges from the company.
The energy generated from the Khavda RE park is projected to power approximately 16.1 million homes annually. Leveraging the region’s abundant wind and solar resources, AGEL has employed innovative solutions to accelerate the plant’s development while supporting the establishment of an indigenous and sustainable supply chain.
The park, situated in the challenging terrain of the Rann of Kutch, now houses an 8,000-strong workforce and is set to become the largest renewable energy installation globally, with a planned capacity of 30 GW over the next five years. “Adani Green Energy is creating one of the world’s most extensive renewable energy ecosystems for solar and wind,” Gautam Adani, chairman of the Adani Group, said.